Renewables

Vast Majority of Power and Utility Executives Say Short on Tech Talent, Global Survey Finds

Vast Majority of Power and Utility Executives Say Short on Tech Talent, Global Survey Finds

Nine out of 10 power and utility executives say their organizations lack enough technology-savvy employees needed to keep pace with an ongoing digital revolution across the industry, the results of a 2021 global survey show. The survey, conducted for Ernst & Young LLP (EY), found that 94% of the 159 executives polled said they need…

June 7, 2021
Global Energy Investments Rebounding, but Shifting Away from Traditional Oil, Natural Gas

Global Energy Investments Rebounding, but Shifting Away from Traditional Oil, Natural Gas

Global energy investments are set to rebound by nearly 10% this year to $1.9 trillion, reversing the 2020 decline, but the energy transition is moving more funds toward electricity and renewables and away from fossil fuels, according to the International Energy Agency (IEA). Researchers said investments are returning to pre-crisis levels, with a shift continuing…

June 4, 2021
Many LNG Export Projects ‘Not Needed’ in IEA Net-Zero Model

Many LNG Export Projects ‘Not Needed’ in IEA Net-Zero Model

Many of the liquefied natural gas (LNG) export facilities already under construction or in planning will not be needed in the future if the world is to reach net zero greenhouse gas emissions by 2050, the International Energy Agency said in a bombshell report this week. The world’s oil and gas needs in a net…

May 21, 2021
California Resources Turning to Decarbonization Projects

California Resources Turning to Decarbonization Projects

California Resources Corp. (CRC) in 1Q2021 reported red ink and a shift in focus to renewables and decarbonization, following its emergence from Chapter 11 bankruptcy last year. CRC drilled 17 wells with one drilling rig in place during the quarter, according to CEO Mark McFarland. He also said the anti-hydraulic fracturing move by California Gov.…

May 21, 2021
Port of Corpus Christi Unveils Plans for Green Hydrogen at Facilities

Port of Corpus Christi Unveils Plans for Green Hydrogen at Facilities

The Port of Corpus Christi, a leading U.S. oil and natural gas export hub, has unveiled plans to explore green hydrogen production at its facilities in South Texas. Under a memorandum of understanding (MOU), the Corpus Christi port is partnering with finance giant Ares Management Corp. to look into the potential for building the hydrogen…

May 18, 2021
Sempra’s SoCalGas, Los Angeles Utility Partner in Hydrogen Initiative

Sempra’s SoCalGas, Los Angeles Utility Partner in Hydrogen Initiative

The nation’s largest municipal utility and largest investor-owned natural gas distributor have joined a green hydrogen-buying coalition, HyDeal LA, to create commercial-scale buying for the Los Angeles area. Sempra Energy’s Southern California Gas Co. (SoCalGas) and the Los Angeles Department of Water and Power (LADWP) have joined the effort to “achieve at-scale green hydrogen procurement”…

May 18, 2021
New Fortress Looks to Expand Beyond LNG into Blue Hydrogen, Renewable Fuels

New Fortress Looks to Expand Beyond LNG into Blue Hydrogen, Renewable Fuels

Global liquefied natural gas (LNG) supplier and electricity generator New Fortress Energy Inc. (NFE) is partnering in a new company dedicated to producing hydrogen and renewable fuels as it aims to become a leading global provider of carbon-free energy.  NFE has partnered with affiliate Fortress Transportation and Infrastructure Investors LLC (FTAI) on a joint venture…

May 15, 2021
United States Said ‘Most Attractive’ in Global Renewables Market

United States Said ‘Most Attractive’ in Global Renewables Market

The United States has the most attractive market for renewable energy investment following the Biden Administration’s plan to transition to a lower-carbon power grid as part of the $2.25 trillion American Jobs Plan, according to rankings data from IHS Markit.  The rankings put the United States in the number one spot for the period ending…

May 14, 2021
Enterprise, EDF Partner for Solar Project Near Houston

Enterprise, EDF Partner for Solar Project Near Houston

EDF Renewables North America has clinched a power purchase agreement (PPA) with an affiliate of Enterprise Products Partner LP to provide solar energy for the Space City Solar Project near Houston. Construction on the Wharton County site is expected to begin this summer and should be operable by summer 2022. The construction phase is forecast…

March 8, 2021
Clean Energy Inks RNG Transit Supply Pact, while Orlando, FL, Assessing Fuel Savings in Adsorbed NatGas Pilot

Clean Energy Inks RNG Transit Supply Pact, while Orlando, FL, Assessing Fuel Savings in Adsorbed NatGas Pilot

Clean Energy Fuels Corp. has signed a fuel supply agreement to provide renewable natural gas (RNG) to the nation’s largest public transit bus fleet at the Los Angeles County Metropolitan Transportation Authority (LA Metro). The Newport Beach, CA-based operator agreed to provide an estimated 47.5 million gallons of RNG for the 2,400-bus fleet as part…

March 3, 2021